Number
001603
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution for issuance and sale of general obligation bonds in the amount of $425,000 for public buildings for housing machinery and equipment. (Comptroller's Office)
Analysis
This resolution authorizes the issuance and sale of general obligation bonds in accordance with s. 67.04, Stats., for public buildings for housing machinery and equipment. The bond proceeds will be used to fund American's With Disabilities Act improvements in the amount of $425,000.
Body
Whereas, The 2001 budget of the City of Milwaukee authorizes contingent borrowing in the form of general obligation bonds or notes for any purposes not contemplated at the time the budget was accepted; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that it hereby and herewith authorizes and declares its purpose to issue and sell general obligation bonds in the amount of $425,000 for public buildings for housing machinery and equipment.
Requestor
City Attorney
Drafter
TEH:kef 37964
February 22, 2001
1035-2001-588